We all know experience and academic qualifications are very different.
No matter what is taught at university, when someone leaves uni and goes to their first proper job, there will always be 6 months to a year of finding your feet and somewhat intensive training, thrown in at the deep end.
This is because no amount of education can properly simulate the real world, and really doesn't prepare you for it either.
The university degree system harks back to a simpler time, where those who had any real education went to uni and those who didnt finished school at 16 and did what their dad did (worked in the mine, worked in the production line or learned a seperate skilled trade etc). Those with the university education became managers, professors and teachers. Back then, those who had money went to university because they could afford to as it was expensive and a rather elitist insitution. Those who did not have money had no choice in the matter, regardless of their level of aptitude. Fortunately, this is no longer the case and everyone, regardless of wealth, has a chance of going to university.
The world has changed since then and you can get the same level of education, without the hard paper proof that you have it, by learning online.
Not that i'm trying to devalue the worth of degrees for all those that spent four years studying to get one - i did too, but after doing so, i can see the real worth of it, or sometimes more like lack of value.
There is also a sense of entitlement between new graduates here in the uk, they expect to leave university and walk straight into a high paid job, and refuse to start at the bottom making cups of tea. It is an unfortunate fact of life that no matter what your qualifications you always start at the bottom, the qualifications just allow you to advance from the bottom to the top faster.
My two cents is now quite firmly inserted into this conversation.